Sunland Company is constructing a building. Construction began in 2017 and the building was completed 12/31/2017. Sunland made payments to the construction company of $3102000 on 7/1, $6432000 on 9/1, and $6020000 on 12/31. Weighted-average accumulated expenditures were

1. $3695000.
2. $9534000.
3. $15554000.
4. $3170000.

Answer rating: 100% (QA)

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